Essel Finance

Nisus Finance, a debt fund focused on real estate, plans to invest the entire Rs 500 crore from its second platform by March next year, as it sees good opportunities for providing last mile capital to complete housing projects and acquisition of distressed assets during this COVID-19 pandemic. Nisus Finance had launched its first fund named 'Real Estate Asset Performance Fund 1' totalling Rs 430 crore, which was invested across nine projects. "In March this year, we announced first closure of our Rs 500 crore real estate fund. This new fund is in partnership with Dalmia Group," Nisus Finance MD & CEO Amit Goenka told PTI in an interview. The two partners have committed Rs 100 crore in this fund, while Rs 400 crore is being committed from HNIs and family offices, he added. "Our new fund from Dalmia Nisus Finance of Rs 500 crore is under deployment and we hope to be able to employ this capital by March 2021," he said. Goenka said the discussions are in advanced stage for three ...

The Essel Finance has a secured loan book of around Rs 145 crore comprising 1,100 customers, employs 40 and present in 10 cities, a statement from Adani Capital said

The deal could still go through if Essel and Srei are able to come to a consensus, said the people

LKP Finance is an RBI registered non-banking finance company (NBFC) and is listed on the Bombay Stock Exchange